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Investment sale in Dewsbury

5th March 2015

Ryden has announced the investment sale of 1-3 Market Place & 8/10 Corporation Street Dewsbury for £275,000 with a net initial yield of 8.7%.

The property is let to estate agent WH Brown and optician GP & A Phipps, with both companies on a ten-year lease, with the upper floors and a retail unit remaining vacant.

Jake Pygall of Ryden said: “The sale shows a continued demand for well let investment opportunities that have a potential to increase value in the future.”

“We understand that the purchaser will re-develop the vacant accommodation to entice a retailer to the ground floor retail area, whilst creating sustainable residential dwellings on the upper floors.”

Categories Investment

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